AVERAGE HOUSE PRICES
Office for National Statistics – November 2014
UK Average = £271k, up 10.0% over the year, a 0.2% increase over the month
Excluding London and the South East:  Average = £207k, up 7.1% over the year.
Land Registry – December 2014
Average for England and Wales = £177,766, up 0.6% in the month, up 7.0% over the year.
Halifax – December 2014
UK Average = £188,858, up 0.9% in the month, up 0.3% in the quarter, up 7.8% in the year.
Nationwide – January 2015
UK average = £188,446, up 0.3% in the month, up 0.9% in the quarter, up 6.8% in the year.
Rightmove – 7th December 2014 to 10th January 2015
UK average = £273,275, up 1.4% in the period, up 8.2% in the year.
Acadata – December 2014
Average England and Wales = £278,997, unchanged from last month, up 9.6% in the year.
Excluding London and the South East: up 5.7% in the year.
REGIONAL HOUSE PRICES
Office for National Statistics – November 2014
England average = £283k, up 10.4% over the year.
Wales average = £171k, up 3.1% over the year.
Scotland average = £194k, up 4.4% over the year.
Northern Ireland average = £147k, up 11.7% over the year.
Rightmove regional figures
| Average price | Monthly change | Annual change | |
| Greater London | £566,404 | +0.9% | +12.8% |
| South East | £357,537 | +2.3% | +9.3% |
| South West | £267,623 | +3.0% | +7.5% |
| East of England | £285,093 | +0.5% | +8.8% |
| West Midlands | £189,400 | +2.9% | +4.1% |
| East Midlands | £177,170 | +1.0% | +3.8% |
| Wales | £165,833 | +2.7% | +6.0% |
| North West | £163,596 | 0.0% | +4.6% |
| Yorkshire & Humberside | £161,199 | -0.2% | +1.6% |
| North East | £135,055 | -1.7% | +0.8% |
Land Registry regional figures
| Average price | Monthly change | Annual change | |
| London | £464,936 | +1.8% | +16.3% |
| South East | £240,987 | +0.7% | +10.8% |
| South West | £182,968 | -0.9% | +4.4% |
| East | £199,055 | +1.5% | +10.3% |
| West Midlands | £136,064 | -0.7% | +4.0% |
| East Midlands | £131,336 | -0.5% | +4.2% |
| Wales | £118,859 | +0.2% | +3.0% |
| North West | £110,548 | -1.6% | +1.5% |
| Yorkshire & Humberside | £121,371 | +0.6% | +5.0% |
| North East | £99,132 | +0.4% | +3.9% |
FOCUS ON LONDON
Largest changes according to:
Rightmove (7th Dec 2014 to 10th Jan 2015)
| Average price | Monthly change | Annual change | |
| Merton | £589,704 | +14.1% | [+5.3%] |
| Richmond-upon-Thames | £780,673 | -9.1% | -3.3% |
| Haringey | £608,039 | [+1.0%] | +29.0% |
LSL Acadata (Nov ’14):
| Average price | Monthly change | Annual change | |
| Hounslow | £498,971 | +4.3% | [+18.7%] |
| Southwark | £524,929 | -3.1% | [+13.9%] |
| City of Westminster | £1,657,681 | [+3.7%] | +33.1% |
| Tower Hamlets | £432,144 | [-1.4%] | +3.0% |
Land Registry (Dec ’14):
| Average price | Monthly change | Annual change | |
| Newham | £291,856 | +1.6% | [+24.2%] |
| Camden | £798,980 | -1.7% | [+16.0%] |
| Waltham Forest | £368,000 | [+1.2%] | +25.1% |
| Kensington & Chelsea | £1,319,396 | [-0.6%] | +11.5% |
[Figures in bold are the top and bottom of the scale, figures in square brackets are for information only]
RICS Survey Overview.
The RICS Residential Market Survey for December 2014 (published 8th January 2015) says that “Buyer enquiries decrease for the sixth consecutive month”, and that “Supply conditions remain tightâ€.
Northern Ireland saw the largest price increases over the month, followed by Scotland, whilst London once again saw the only decrease.
The South East and the North West had the highest level of agreed sales, whereas the East Midlands again saw the largest falls.
The North had the highest positive levels of new buyer enquiries in the month whereas London again saw the largest drop.
Only four regions saw a (small) rise in new vendor instructions – Yorkshire & Humberside, Wales, the South West and Northern Ireland. The largest drop was in the West Midlands.
Source: Royal Institution of Chartered Surveyors
Rightmove.co.uk is the UK’s leading property website, displaying details of homes for sale or rent to the largest online audience. It is consistently ranked the number one property website in the UK (source: Experian Hitwise). It has around 90% of all properties for sale and at any time displays a stock of over one million properties to buy or rent, worth around £270 billion. The Rightmove.co.uk site attracts over 90 million visits from home movers each month who view in excess of one billion pages (Rightmove data, October 2014).
LSL Acad E&W HPI is derived from Land Registry (LR) house price data, seasonally and mix adjusted by property type. © Crown copyright material reproduced with the permission of Land Registry. The prices are smoothed to show underlying trends. LSL Acad E&W HPI includes cash purchase prices and is the only index based upon the complete, factual house price data for England & Wales, as opposed to a sample.
The Office for National Statistics (ONS) House Price Index (HPI), previously published by the Department for Communities and Local Government (DCLG), is a monthly release that publishes figures for mix-adjusted average house prices and house price indices for the UK, its component countries and regions.
The index is calculated using mortgage financed transactions that are collected via the Regulated Mortgage Survey by the Council of Mortgage Lenders.
Next Monthly Market Fact File due in March 2015.